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Old 06-04-2008, 08:47 AM
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GM selling Hummer brand? Stop making pickup trucks?

I was reading an article about the cost of ownership of trucks. They gave an example of a $50,000 Ford F-250 with normal driving and 5 year ownership the actual cost is $100,000 with gas.

"With sales plummeting, General Motors said Tuesday that it would stop making pickup trucks and sport utility vehicles at four of its North American plants.

The company is also considering selling its Hummer brand, an emblem of the megavehicle. Rick Wagoner, G.M.’s chairman, explained the moves by saying that he thought the shift toward more efficient cars was “by and large, permanent.”
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